Market buoyed by rate outlook, earnings season accelerates, Nearmap gets a bid
The local bourse opened the week on a positive note, gaining 0.5 per cent despite a more mixed day across the sectors. Energy and financials were the primary...
Weakening into the weekend
The Australian market limped into the weekend, with the benchmark S&P/ASX200 index on Friday finishing down 38.5 points, or 0.54 per cent, to 7032.5, while...
US inflation news buoys market
Australian shares followed the US market higher on Thursday after the world’s largest economy reported easing inflationary pressures, helping to lower...
ASX reverses gains as energy falls, tech, communications near highs, Orica sinks
The local market gave up early gains to finish broadly flat on Thursday after a strong week in the market. Four sectors finished in the red, led by energy and...
Market overcomes rate hike to deliver gain, Appen, Credit Corp sink, mortgages fall
The local market has managed to overcome another 50-basis point rate hike by the Reserve Bank
Aussie market gains, energy utilities support 7 week high, United Malt sinks
The positive run continued with the S&P/ASX200 gaining 0.7 per cent on Monday, the first day of August following a strong finish to July.
Market rally continues as bond yields fall to three-month low, Origin doubles revenue
The local sharemarket delivered another positive week for investors with the S&P/ASX200 gaining 0.8 per cent on Friday taking the weekly gain to 2.2 per...
Local market follows global lead, Atlas Arteria deal dumped, Macquarie's bumper profit
It was another strong day for the local market with the S&P/ASX200 gaining 1 per cent on the back of a broad-based rally. Materials and energy remained the...
Local dollar's slide prompts hedging question
The Australian dollar could fall to US65 cents by the year's end as higher interest rates in the US and capital inflows push the US dollar higher.
Aussie market falls on commodity weakness, Pendal outflows jump, coal miners surge
The local market finished the week on a negative tone, falling 0.7 per cent and taking the five day loss for the S&P/ASX200 to 1.1 per cent. The biggest...
Tech rallies despite inflation data, unemployment hits 40 year low, assets fall at Netwealth and AE
The local market managed another positive finish, gaining 0.4 per cent backed by an unexpected rally in the technology sector. Nine of the 11 sectors gained,...